Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Hallmark Considers Options for New Zealand Business

Hallmark Considers Options for New Zealand Business

Iconic brand, Hallmark – the world’s largest greeting card company – is looking to partner with a local New Zealand business to distribute its cards and products nationally.

Hallmark currently operates a fully integrated business model in New Zealand. However, Hallmark International CEO, Russell Parker said local market factors and the ongoing need to contain costs while maintaining a high level of support for customers meant it needed to assess alternatives to continue a robust business into the future.

“Since it was founded more than 100 years ago, Hallmark has moved with the times, continually reviewing and reshaping its business. In a particularly small market like New Zealand, a partnership may provide a sustainable proposition for Hallmark while also delivering increased scale for a Kiwi distribution business and, importantly, continued quality local service for our customers.

“However, this is not an easy decision and our New Zealand team is our first priority. We are currently consulting with our staff about possible moves. They are aware that we are exploring the possibility of partnering with an established New Zealand distributor.

“We are hoping that any final decision will provide some opportunities for staff to transfer their employment to a distributorship as many of them can offer extensive experience in the industry. However, we are being completely open that this cannot be guaranteed.

“Throughout the consultation period, we are supporting our staff with an Employee Assistance Programme that provides an opportunity to talk through their concerns and receive counselling,” Mr Parker said.

Mr Parker said a decision regarding the future of Hallmark in New Zealand would be made following consultation with staff in about two to three weeks and that staff would be informed first.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Postnatal Depression: 'The Thief That Steals Motherhood' - Alison McCulloch

Post-natal depression is a sly and cruel illness, described by one expert as ‘the thief that steals motherhood’, it creeps up on its victims, hiding behind the stress and exhaustion of being a new parent, catching many women unaware and unprepared. More>>


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news